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RE: 📈 Crypto Weekly - BTC Loves DeFi, Thoughts on MMT, ETH Supply Twitter Drama.

in HODL4 years ago

Very interesting as usual !

It is crazy the number of Ponzi and pump and dump schemes that I am seeing at the moment.

It is on a roll and even if I paid less attention to DeFi than you need, all these compounding interests mean more tokens therefore inflation and they should lose value in the long term.

The use of this DeFi for real business / consumer purposes seem absent if you ask me. It is the ICO boom all over again...

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Thanks for the kind words Mr.Lemon

Yeah could be an ICO 2.0, not sure yet, what I know for sure is that Ethereum better scale before the plebs comes back and start using DeFi

It is crazy the number of Ponzi and pump and dump schemes that I am seeing at the moment.

$LINK ? ;)

Haha you have seen all the $LINK trolls and fans ! They are going after me. Did you read Zeus Capital's report?

I've only skimmed through it but I think I got the gist, definitely not something I would invest in, particularly at this valuation... I am getting 2017 vibes here...